Petroceltic jumps on good news from Italian government

Petroceltic International, the Irish oil and gas company, has risen sharply after authorities clarified new regulations on operators working in Italian waters.

Petroceltic International, the Irish oil and gas company, has risen sharply after authorities clarified new regulations on operators working in Italian waters.

In 2010 Italy introduced new laws on oil and gas drilling in response to the Gulf of Mexico disaster.

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